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Speedel files for, then withdraws IPO; lists shares on SWX
06 Feb 2006
Executive Summary
Speedel (cardiovascular and renal therapeutics) filed for its initial public offering last month but has since withdrawn it, citing poor market conditions. It had planned to trade on the Swiss Exchange after raising up to several hundred million Swiss francs.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Withdrawn
Deal Type
-
Financing
- IPO
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Speedel files for, then withdraws IPO; lists shares on SWX
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